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Johnson & Johnson Invests in Luxury Black-Owned Haircare Brand Sunday II Sunday

Black haircare has proven to be a billion-dollar industry for years with more and more Black businesses prioritizing products and services catering to all hair types. Sunday II Sunday — an award-winning Black-owned luxury haircare brand — is one of those businesses that’s helping to address Black women’s biggest hair problems, with the help of some big investors. The recently launched brand — founded by Keenan Beasley of Infinite Looks, Inc. — has caught the attention of Johnson & Johnson, the world’s biggest healthcare company, to invest a reported “seven figure sum,” according to Global Cosmetics News . Black Enterprise reports Sunday II Sunday has announced a seed financing round that will include funds from both Johnson & Johnson Innovation Studio and Ignite Venture Studio. According to Elizabeth Wu — Consumer External Innovation & Transactions Manager at Johnson & Johnson — the healthcare company predicts its investment will address “an unmet need in the multicultural hair care...

Njera Perkins

Sep 23, 2020